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Global Invacom
(SGX:QS9)
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Rating:49Neutral
Price Target:
S$0.04
▼(-2.50% Downside)
Action:Reiterated
Date:09/08/26
The score is held down primarily by weak financial performance (multi-year revenue contraction, recurring losses, and uneven cash flow), partially offset by a low-debt balance sheet and modest cash-flow improvement in 2025. Technicals remain a headwind with the stock trading below major moving averages, while valuation is somewhat supportive due to a low P/E.
Positive Factors
Low and declining debt
The substantial reduction in debt leaves Global Invacom with lower fixed financial obligations and greater resilience than its earlier structure. Low leverage can preserve flexibility to fund operations, manage satellite-industry cycles, and avoid adding interest pressure while profitability remains under recovery.
Negative Factors
Severe long-term revenue contraction
The large multi-year reduction in revenue shows that the recent rebound has not restored the company to its earlier operating scale. A smaller revenue base can reduce customer and product leverage, make overhead harder to absorb, and leave results more exposed to individual project cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Low and declining debt
The substantial reduction in debt leaves Global Invacom with lower fixed financial obligations and greater resilience than its earlier structure. Low leverage can preserve flexibility to fund operations, manage satellite-industry cycles, and avoid adding interest pressure while profitability remains under recovery.
Read all positive factors
Global Invacom (QS9) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$15.89M
Dividend YieldN/A
Average Volume (3M)5.00M
Price to Earnings (P/E)4.2
Beta (1Y)0.37
Revenue Growth12.18%
EPS GrowthN/A
CountrySG
Employees125
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)<0.01
Shares Outstanding423,603,450
10 Day Avg. Volume13,448,100
30 Day Avg. Volume4,999,102
Financial Highlights & Ratios
PEG Ratio0.07
Price to Book (P/B)0.49
Price to Sales (P/S)0.37
P/FCF Ratio73.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Global Invacom Business Overview & Revenue Model
Company Description
Global Invacom Group Limited operates as an investment holding company, specializing in the research, development, design, and supply of satellite communications hardware and systems. Its market reach extends internationally, encompassing signific...
How the Company Makes Money
Global Invacom makes money primarily by selling satellite communications equipment and providing related services. Its core revenue streams are: (1) Product sales: revenue from manufacturing and selling satellite ground-segment hardware such as RF...
Global Invacom Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
66
Positive
Cash Flow
45
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 31.70M | 30.41M | 34.68M | 39.81M | 72.77M | 82.54M |
| Gross Profit | 14.29M | 14.05M | 13.66M | 15.49M | 14.42M | 16.55M |
| EBITDA | 1.62M | -1.34M | -5.08M | 3.98M | -10.46M | 4.85M |
| Net Income | 1.79M | -2.22M | -8.37M | -963.00K | -15.53M | 561.00K |
Balance Sheet | ||||||
| Total Assets | 28.17M | 31.63M | 34.09M | 54.56M | 56.25M | 77.92M |
| Cash, Cash Equivalents and Short-Term Investments | 4.83M | 3.76M | 5.13M | 10.79M | 9.24M | 10.77M |
| Total Debt | 1.54M | 2.00M | 1.57M | 5.12M | 8.69M | 10.84M |
| Total Liabilities | 7.48M | 8.89M | 9.59M | 21.59M | 22.67M | 30.56M |
| Stockholders Equity | 20.73M | 22.77M | 24.54M | 33.00M | 33.61M | 47.38M |
Cash Flow | ||||||
| Free Cash Flow | 2.83M | 151.00K | -2.72M | 1.20M | 687.00K | -1.60M |
| Operating Cash Flow | 3.10M | 386.00K | -2.23M | 2.16M | 1.16M | -537.00K |
| Investing Cash Flow | -404.01K | -786.00K | -487.56K | 4.88M | -462.00K | -278.00K |
| Financing Cash Flow | 135.53K | 523.00K | -5.03M | -4.99M | -2.21M | 295.00K |
Global Invacom Technical Analysis
Negative
0.04
Price Trends
0.04
Negative
0.06
Negative
0.05
Negative
Market Momentum
<0.01
Negative
45.10
Neutral
68.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SG:QS9, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 45.10 is Neutral, neither overbought nor oversold. The STOCH value of 68.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SG:QS9.
Global Invacom Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | S$425.44M | 20.77 | 8.07% | 6.33% | -7.63% | -33.33% | |
64 Neutral | S$439.92M | 12.96 | 12.44% | 20.54% | -8.15% | -16.22% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | S$65.14M | -100.00 | -1.59% | 5.95% | 5.31% | 89.76% | |
49 Neutral | S$15.89M | 4.18 | 8.22% | ― | 12.18% | ― |
* Technology Sector Average
SG:QS9
Global Invacom
0.04
<0.01
15.62%
SG:BN2
Valuetronics Holdings
0.98
0.20
25.97%
SG:8AZ
Aztech Global Ltd.
0.56
-0.02
-4.11%
SG:BDR
Willas-Array Electronics (Holdings) Limited
1.11
0.02
1.83%
SG:K29
Karin Technology Holdings Limited
0.26
-0.03
-8.93%
SG:N01
Nera Telecommunications Ltd
0.18
0.08
76.47%
Global Invacom Corporate Events
Global Invacom Completes Rights Issue, Raises S$4.4m for R&D and Working Capital
Sep 4, 2026
Global Invacom has completed a renounceable, partially-underwritten rights issue, offering one new share for every two existing shares at S$0.035, based on 271,662,227 shares at the record date. A total of 135,831,113 rights shares were available,...
Global Invacom raises S$4.8 million to fund satellite ground equipment growth
Sep 4, 2026
Global Invacom Group has raised approximately S$4.8 million through a renounceable, partially underwritten rights issue of new ordinary shares priced at S$0.035 each, on the basis of one rights share for every two existing shares. Valid acceptance...
Global Invacom launches Singapore-only rights issue to raise fresh equity
Aug 18, 2026
Global Invacom Group Limited has launched a renounceable, partially underwritten rights issue of up to 140,006,113 new shares at S$0.035 each, on the basis of one rights share for every two existing shares held by entitled shareholders. The compan...
Global Invacom Reshapes Board Committees After Director Resignation
Aug 4, 2026
Global Invacom has announced the resignation of Independent Non-Executive Director David Martin Gilmore, effective 4 August 2026, prompting a reconfiguration of its board and key committees. The board expressed appreciation for Gilmore’s con...
Global Invacom Probes Suspected Component Theft at Philippine Plant
Jul 10, 2026
Global Invacom Group Limited has disclosed a suspected theft of group-owned and customer-owned components from a sub-contract manufacturer’s facility in the Philippines, with preliminary estimates putting the loss at about US$0.07 million fo...
Global Invacom Says DISH DBS Chapter 11 Filing Not Expected to Have Material Impact
Jul 2, 2026
Global Invacom Group Limited has moved to reassure investors after reports that DISH DBS Corporation and certain subsidiaries have filed for Chapter 11 protection in the U.S. The company clarified it conducts business with DISH TV rather than the ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.